29 April 2024 | 17 replies
You can also partner with someone and pool your money.
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27 April 2024 | 6 replies
Some things that make a rental appealing 1 - pet policy (pets or no pets allowed)2 - number of full bathrooms 3 - number of floors (single level vs multi)4 - backyard or lack thereof5 - school ratings (higher the better)6 - crime ratings (lower the better)7 - location to highways8 - amenities (parks, pools, trails, lakes, etc)9 - location to place of employment.10 - age of the property 11 - appliances Just to name a few.
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28 April 2024 | 11 replies
For example, downtown columbus has this market report https://www.redfin.com/zipcode/43215/housing-marketThe average housing unit sells for $350k, we try to deliver housing units at this price or lower on the new construction side. if you are above this your buyer pool gets smaller. look at each zip code by it's own markets and stats.
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27 April 2024 | 1 reply
Essentially, people could donate money and get tax deductions and then that money could be pooled to buy property, fix it, rent it and pay a manager.I’m assuming it would be similar to a self invested Ira.
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30 April 2024 | 140 replies
So our first one we pooled SDRIRAs and 'paid cash'.
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27 April 2024 | 19 replies
This allows the two LLC's to pool money without forming a separate entity.Question 1: Does the intent to "flip" run the risk of being seen in the eyes of 2002-22 as conducting a business?"
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26 April 2024 | 11 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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26 April 2024 | 1 reply
Specifically wondering if they award the FMR listed on the HUD site, if there is an abundant applicant pool, and if the housing authority is responsive.
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26 April 2024 | 52 replies
The faster I finish the project, the sooner I can sell the property or, if I plan to keep it, the sooner I can get tenants in there.Now, if I'm adding square footage (i.e. a room, a bathroom, etc.) or if I'm adding something like a pool, then yes, I will get a permit BECAUSE I want the additions to be added to the property profile.
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26 April 2024 | 15 replies
Let's pool together and make a master list of resources for REI data in Canada.